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International Trade
Government records GH¢74.65bn as revenue and grants in half-year 2024
Total revenue and grants for second quarter of 2024 was GH¢74.65 billion, about 7.1% of Gross Domestic Product, the Bank of Ghana Monetary Policy Report has revealed.
This was lower…
African nations boost gold reserves amid economic uncertainty
Nairobi, Kenya —
Central banks in Africa are turning to gold to protect themselves from economic and geopolitical instability and to diversify their financial portfolios.
In September 2023, the price of gold per ounce was $1,900. A year…
New Report Exposes China’s Steel Subsidy Tactics, Highlights Market Manipulation
Wiley Rein LLP, a prominent Washington, D.C.-based law firm, has released a report titled “Shell Game: Case Studies in Chinese Steel Subsidies,” which critically examines China’s steel industry and its unfulfilled economic reform promises.…
Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks
Bank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its place in the changing global trade landscape.
Bank of Canada governor Tiff Macklem says Canada needs to seize opportunities to secure its…
Trade deficit hits K1.1 trillion in Q2 – The Times Group
By Benadetta Chiwanda Mia:The country’s trade balance widened to -$653.1 million (about K1.1 trillion) between April and June 2024, from -$507.6 million (about K866 billion) in the first quarter, a Financial and Economic Review published by…
Uganda continues to consolidate key integration milestones in EAC
As of April 2024, the East African Community accounted for 31.7 percent of Uganda’s total export market whereas her total trade with the rest of the world increased by 36.3 percent to US$18.1billion in 2023 from US$13.3billion in 2022,…
GWC receives recognition from General Authority of Customs
General Authority of Customs officials honouring GWC CEO, Ranjeev Menon.
Doha, Qatar: Gulf Warehousing Company Q.P.S.C (GWC) – one of the fastest-growing logistics businesses in the MENA region, has been honoured by the General Authority…
BYD, Geely And Other Chinese EV Makers Make A Strong Showing At Frankfurt Trade Fair Amid…
In a bold move to counter domestic profitability challenges and global trade barriers, nearly 900 Chinese auto suppliers and several EV manufacturers are showcasing their products at a Frankfurt trade fair.
What Happened: Chinese…
Global trade helped reduce extreme poverty, inequality: WTO – World
GENEVA: A new World Trade Organisation (WTO) report has stated that global commerce has played a critical role in reducing extreme poverty from 40pc to 11pc.
Global trade has created “shared prosperity” since the WTO was created in 1995,…
US ramps up ‘national security’ extortion racket: China Daily editorial
This file photo shows the logo of chip equipment maker ASML at its booth during Semicon China, a trade fair for the semiconductor industry, in Shanghai, China June 29, 2023.
Following its earlier…